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COSCO SHIPPING International (Hong Kong) Co ( (HK:0517) ) has provided an update.
COSCO SHIPPING International (Hong Kong) Co., Ltd. has revised the terms of reference for its Audit Committee, which was initially established in 1998. The updated terms emphasize the committee’s composition, requiring a majority of independent non-executive directors, and outline the roles of various financial officers and external auditors in its meetings. This revision aims to enhance the committee’s effectiveness in overseeing financial reporting and auditing processes, potentially strengthening the company’s governance and transparency.
More about COSCO SHIPPING International (Hong Kong) Co
COSCO SHIPPING International (Hong Kong) Co., Ltd. operates in the shipping industry, focusing on the provision of shipping services and related logistics. The company is a part of the larger COSCO SHIPPING group, which is a major player in the global shipping market.
YTD Price Performance: 10.37%
Average Trading Volume: 2,276
Technical Sentiment Signal: Strong Sell
Current Market Cap: $876.8M
Learn more about 0517 stock on TipRanks’ Stock Analysis page.